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ING sells Kotak Mahindra Bank shares worth Rs 1,440cr through open market transaction
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ING sells Kotak Mahindra Bank shares worth Rs 1,440cr through open market transaction
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Stand-off between govt and RBI not a good situation, says cental bank board member S Gurumurthy
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Rupee rallies to two-month high, closes below 72-mark against dollar on robust foreign fund inflows
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Banking a billion: India's thrust on digital economy propels country towards financial inclusion, societal transformation
Showing of 20 - 40 from results
Total results - 41957
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Nov 15, 2018
Yes Bank shares drop 9% as non-executive chairman Ashok Chawla's departure heightens concerns
Chawla’s departure exacerbates the turmoil the Yes Bank management is in, after RBI denied an extension to its CEO Rana Kapoor for a second time last month -
Nov 15, 2018
NCLAT approves UltraTech's Rs 7,900 cr bid for Binani Cement, rejects resolution plan submitted by Dalmia Bharat
In approving UltraTech's resolution plan for Binani, which was auctioned to recover unpaid bank dues, the NCLAT may have set a precedence as it favoured a proposal that not just paid the financial lenders but also operational creditors. -
Nov 15, 2018
Myntra-Jabong CEO Ananth Narayanan may step down following changes in reporting structure at Flipkart
Kalyan Krishnamurthy will continue to be CEO of Flipkart, which will now include Myntra and Jabong, continuing to operate as separate platforms within the Flipkart business -
Nov 15, 2018
Sale of 'enemy shares': Those who fled to Pakistan left behind a treasure trove for govt to bankroll infrastructure projects
The government has decided to sell the shares in Indian companies left behind by those who migrated to enemy countries. -
Nov 15, 2018
China Inc's profit growth falls sharply due to funding woes, trade war; bruising of consumer confidence adds pain
Easy access to funds had long fueled growth for mainland Chinese firms but a concerted campaign by authorities to rid the financial system of excessive liquidity and rein in an irrational corporate expansion is taking its toll. -
Nov 15, 2018
Tatas in pursuit of controlling stake in debt-laden Jet Airways; aim to move from fringe player to centre stage
Buying Jet Airways, with its fleet of 124 aircraft, would return Tata to the forefront of Indian aviation in terms of size, almost 70 years after its first airline was nationalized, and six years after it re-entered the market with two joint ventures. -
Nov 15, 2018
Sensex rises over 100 points on fresh fund inflows, strong rupee; Nifty regains 10,600-mark
Sensex rose 115.89 points, or 0.33 percent, to 35,257.88. It had shed 2.50 points on Wednesday in choppy trade. -
Nov 15, 2018
Arunachal signs MoUs with 17 private investors for projects worth Rs 1,200-cr in regional connectivity scheme
The MoUs with private investors across sectors like tourism and hospitality, oil and gas, retail, power, equipment manufacturing and sports has potential to create over 8,000 gainful employment opportunities in the state, -
Nov 15, 2018
Rupee rises 24 paise against dollar to Rs 72.07 on fresh fund inflows, easing crude prices
The rupee had gained 36 paise to end at 72.31 against the US dollar Wednesday as global crude oil prices hovered near one-year lo -
Nov 15, 2018
Vodafone Idea dials a massive Rs 4,973 cr loss in maiden earnings; plans Rs 25,000 cr growth war chest
Vodafone Idea, which became the largest telco with 422 million subscribers after the merger on 31 August, reported consolidated revenue of Rs 7,663 crore. -
Nov 15, 2018
Aircel-Maxis case: Ashok Chawla steps down as non-executive chairman of Yes Bank
Ashok Chawla offered to quit as controversy was being generated on his continuance on the Board of Directors following his name appearing in a Central Bureau of Investigation (CBI) chargesheet in the Aircel-Maxis case. -
Nov 15, 2018
Uber launches fuel price index to boost driver income; to be rolled out first in Mumbai
Uber is also working towards providing driver partners access to health insurance, life insurance and micro-loans and a host of other benefits aimed at improving their welfare -
Nov 15, 2018
Falling price of food isn't always good news; it signals deep trouble for India's rural economy
It is quite possible that non-food WPI and manufacturing will also fall in coming months for two reasons -
Nov 15, 2018
U.S. oil prices resume decline as oversupply worries drag
TOKYO (Reuters) - U.S. oil prices fell on Thursday, resuming declines after an industry group said U.S. inventories had risen more than expected and shrugging off a report that OPEC and other producers plan to cut output. -
Nov 15, 2018
Oil rebounds from steep sell-off as OPEC, partners discuss supply cut
By Devika Krishna Kumar NEW YORK (Reuters) - Oil rose about 1 percent on Wednesday, recouping some of the previous session's heavy sell-off, on growing prospects that the Organization of the Petroleum Exporting Countries and allied producers would cut output at a meeting next month to prop up prices. After a record 12 straight days of losses and the steepest one-day loss in more than three years, the oil market reversed course after Reuters reported that OPEC and its partners were discussing a proposal to cut output by up to 1.4 million barrels per day (bpd), more than officials had mentioned previously. Brent crude settled up 65 cents, or 1 percent, at $66.12 a barrel, after hitting a session high of $67.63. -
Nov 15, 2018
Gold prices hold steady as dollar eases
(Reuters) - Gold prices held steady on Thursday, after rising nearly a percent in the previous session, as the dollar retreated further from a 16-month peak against a basket of currencies. FUNDAMENTALS * Spot gold was little changed at $1,210.65 per ounce at 0055 GMT. * U.S -
Nov 15, 2018
Technology investors fear regulators' net
By Trevor Hunnicutt NEW YORK (Reuters) - Increased regulation of U.S. technology companies is one of the biggest risks to a sector that has led stocks higher, potentially derailing the market's near-decade-long bull run if it suffers a sustained selloff. The S&P 500 tech sector has risen 5 percent in price terms this year, outpacing the S&P 500 which has gained 1 percent. -
Nov 15, 2018
Asia edges up as oil slide slows; pound, euro firm on Brexit optimism
By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks edged up on Thursday as a steep slide in crude oil prices which had chilled investor sentiment slowed, while the pound and euro were supported after British Prime Minister Theresa May gained cabinet support for a Brexit deal. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.15 percent. The index had declined 0.4 percent the previous day as plunging oil prices heightened anxiety about the outlook for broad demand and global growth. -
Nov 15, 2018
From fugitive to governor, a Peruvian mining foe rises again
By Marco Aquino LIMA (Reuters) - For most of this year, Walter Aduviri, the governor-elect of Peru's Andean region of Puno, had been a fugitive. The indigenous activist, 38, went into hiding after losing a sedition trial last year over deadly protests he led against Canadian mining company Bear Creek in 2011. All that changed in October. -
Nov 15, 2018
Exclusive: China Inc's mounting stress: funding woes, shrinking profit growth and a trade war
By Adam Jourdan and Gaurav Dogra SHANGHAI/BENGALURU (Reuters) - China Inc's profit growth has fallen sharply while debt levels have recorded a rare drop, a Reuters analysis of earnings data shows - signs of strain brought on by Beijing's crackdown on leverage as well as a trade war with the United States. Easy access to funds had long fuelled growth for mainland Chinese firms but a concerted campaign by authorities to rid the financial system of excessive liquidity and rein in irrational corporate expansion is taking its toll. A rapid bruising of consumer confidence amid trade tension with the United States has added pain, creating a major challenge for Beijing as it looks to keep the economy on track after it expanded at its weakest pace since 2009 in the third quarter
